Publications
Partners
Johannesburg - The Absa Multi Management team was presented with the award for the best bond fund for the second consecutive year in recognition of exceptional client performance at the Morningstar award ceremony in Cape Town this week.
The Morningstar fund category awards and fund house awards are based on Morningstar fund data for the period January 1 2015 to December 31 2015.
Managed by the Absa Multi Management investment team comprising Neville James and Sheetal Rama Nana, the bond fund has now won a total of five awards in just two years under their stewardship. Last month, the team won the Raging Bull Award for the best Asisa South African Interest Bearing Variable Term Sector for the year ending December 31 2015.
The fund was awarded this accolade for the second consecutive year, underscoring its excellent performance.
Armien Tyer, head of the investment cluster at Barclays Africa Group, said: "We have now completed the transition to being a fully functional asset management business with increased depth and breadth of skill, and overall investment experience and diversity."
“The other noteworthy performance has come from our newly created Absa Core Equity Fund which in the institutional space outperformed its benchmark by 4% over the last year, while our Pan African Equity Fund and bond funds have also continued to do well.”
